Metromedia International reports $16.75 million net profit for April

By Jennifer Lanning Drey

Portland, Ore., May 21 - Metromedia International Group, Inc. posted a $16.75 million net profit for April on revenues of $18.41 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $53.71 million of cash at the end of April.

Metromedia is a Charlotte, N.C., communications company that filed for bankruptcy on June 18, 2009. Its Chapter 11 case was filed under the name MIG, Inc., case number 09-12118.

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